Artificial Intelligence is an area of computer science that focuses the creation of intelligent machines that work and react like humans. See our independently curated list of ETFs to play this theme here.

Blockchain technology allows for a recorded incorruptible decentralized digital ledger of all kinds of transactions to be distributed on a network. See our independently curated list of ETFs to play this theme here.

ESG Investing is the consideration of environmental, social and governance factors alongside financial factors in the investment decision–making process. See our independently curated list of ETFs to play this theme here.

Marijuana is often referred to as weed, MJ, herb, cannabis and other slang terms. It’s the green or gray dried flowers of Cannabis sativa. See our independently curated list of ETFs to play this theme here.

Five New ETFs You Need to Know About

PowerShares has launched five new ETFs for public investment Friday, October 9th. Together, these ETFs cover a broad spectrum of investment styles and asset classes. Value plays, tactical sector rotations, momentum strategies, emerging markets and currency hedges are all addressed in the ETFs below.

SPMO is based on the S&P 500 Momentum Index and is composed of stocks within the S&P 500 that have a high “momentum score”. The “momentum score” is a combination of technical indicators such as moving price averages, speed of price changes and stability of price direction. These indicators suggest sustainable stock price appreciation. The fund is rebalanced twice per year.

SPVU is based on the S&P 500 Enhanced Value Index and is composed of stocks within the S&P 500 that have the highest “value score”. The “value score” is a combination of metrics that gauge a company’s cash flow, credit worthiness, value of underlying assets and leadership. These metrics create an overall score of “value” based upon current stock prices. The fund is rebalanced twice per year.

FXEP is composed of the 200 least volatile stocks in the S&P EPAC ex. Korea Low Volatility USD Hedged Index. The constituents of the fund are weighted based upon their inverse volatility, so the assets with the least volatility receive the highest exposure in FXEP. After the asset weighting is complete, the fund then hedges 100% of the currency risk using rolling one month forward contracts. The fund is rebalanced each quarter.

FXJP is composed of the 100 least volatile stocks in the S&P Japan 500 Low Volatility USD Hedged Index. It’s similar to FXEP in that the holdings of the fund are weighted based upon their inverse volatility, so the assets with the least volatility receive the highest exposure in FXJP. After the asset weighting is complete, the fund then hedges 100% of the currency risk using rolling one month forward contracts. The fund is rebalanced each quarter.

DWTR is based on the Dorsey Wright Sector 4 Index and is essentially a “fund of funds”, meaning that DWTR invests in other ETFs instead of securities directly. The fund is designed to rotate into the strongest sectors in the US in order to profit while they increase in value.